Every time it breaks resistance, it should pull back slightly to ‘re-test’ the resistance as new support
however I won’t be surprised to see a fast move from $1.45 to $1.9 as this was equally fast on low volume on the way down - there shouldn’t be much resistance through the middle of the chart. This won’t be a ‘45 degree gradient’ … just let it run but know where the historical resistance and support lines are
there also shouldn’t be resistance above $2.4 so again it could go parabolic there
the technical price target is about $5
ie $4 above bottom of Wave 2
VMM - Charts, page-212
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67.0¢ |
Change
-0.010(1.47%) |
Mkt cap ! $44.16M | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 69.0¢ | 65.0¢ | $8.789K | 13.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13987 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.0¢ | 7000 | 2 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| VMM (ASX) Chart |